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Crown Land: Indicators and Statistics - Ministry of Forests

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3.8 Government Resource Revenue<br />

Why is this important?<br />

Provincial government revenue supports government<br />

operations, the delivery <strong>of</strong> important social services,<br />

regional economic development, environmental<br />

management, <strong>and</strong> a wide range <strong>of</strong> activities that are<br />

essential to public health <strong>and</strong> wellness. Government<br />

revenues from <strong>Crown</strong> resources contribute to<br />

overall provincial consolidated revenue. Examining<br />

the sources <strong>of</strong> resource revenues highlights the<br />

contributions made by different economic sectors to<br />

the funding <strong>of</strong> public services. Examining the sources<br />

<strong>of</strong> resource revenue also provides an indication <strong>of</strong> the<br />

health <strong>of</strong> provincial resource sectors.<br />

Many resource activities occur outside <strong>of</strong> the<br />

province’s main population centres. As shown<br />

in Section 3.3, regions vary in their resource<br />

dependence. Overall, BC is still a relatively<br />

<strong>Crown</strong> <strong>L<strong>and</strong></strong>:<br />

<strong>Indicators</strong> <strong>and</strong><br />

52 <strong>Statistics</strong> Report<br />

resource-dependent economy, <strong>and</strong> economic<br />

growth in the province tends to be correlated<br />

with dem<strong>and</strong> for natural resources. As a result, it<br />

is important to underst<strong>and</strong> the impacts <strong>of</strong> natural<br />

resource management on government revenue; <strong>and</strong><br />

the potential impacts <strong>of</strong> fluctuations in dem<strong>and</strong> for<br />

natural resources on government revenue.<br />

Key <strong>Statistics</strong><br />

Figure 11 Government Revenue, Annual Average, 2000/2001 to 2008/2009<br />

Source: Government <strong>of</strong> BC, Budget 2010, (see Additional Information for details).<br />

Government resource revenue in the 2008/2009<br />

fiscal year was approximately $3.8 billion, an increase<br />

<strong>of</strong> 1.9% over 2007/2008 (in 2009 dollars). From<br />

the 2000/2001 fiscal year to the 2008/2009 fiscal<br />

year, natural resource revenue has represented, on<br />

average, 13% <strong>of</strong> total annual government revenue<br />

(Figure 11). The primary source <strong>of</strong> revenue for the<br />

provincial government is taxation revenue.<br />

The contribution <strong>of</strong> different industries to provincial natural resource revenue has varied over time, as illustrated<br />

in Figure 12. The four most important sources <strong>of</strong> natural resource revenue are: forestry; petroleum <strong>and</strong> natural<br />

gas; water; <strong>and</strong> minerals.

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